THE MARQUEE GROUP, INC.
000 XXXXXXX XXXXXX
XXX XXXX, XXX XXXX 00000
September 9, 1997
Mr. Xxxxxxx Xxxxxx
c/o ProServ, Inc.
0000 Xxxxxx Xxxxxxxxx, Xxxxx 0000
Xxxxxxxxx, Xxxxxxxx 00000
Dear Xxxx:
This letter amendment ("Amendment") will confirm the understanding between
yourself and The Marquee Group, Inc. ("Marquee") regarding the sale of all of
your equity interests, whether now vested or vesting in the future (your
"Interests"), of ProServ, Inc. and all of its direct and indirect
subsidiaries (collectively, "ProServ") to Marquee. Accordingly, by executing
this agreement you hereby agree that that certain Letter Agreement dated July
18, 1997, by and between yourself and Marquee (the "Agreement") is hereby
amended with regard to the purchase price of your Interests in ProServ.
You hereby agree to sell and Xxxxxxx hereby agrees to purchase, on or before
the Effective Date (as defined in the Agreement), all of your Interests in
ProServ, currently consisting of 50 shares of stock of ProServ and stock
options to acquire an additional 50 shares of stock of ProServ, for a
purchase price of $643,150.
Sincerely,
THE MARQUEE GROUP INC.
By: /s/ Xxxxxx X. Xxxxxxxxx
---------------------------------
Xxxxxx X. Xxxxxxxxx
President
Xxxxxx and accepted this 9th day of September, 1997
/s/ Xxxxxxx Xxxxxx
-------------------------
Xxxxxxx Xxxxxx
